Nokia: Management shuffle continues

Sami Lehtinen, currently Head of Retail (UK & Ireland), will take over as General Manager on October 1, 2010. Mark Loughran will leave the Finnish mobile phone giant and take up a post as President of New Business at TV set-top-box manufacturer Pace. Nokia has been going through a bit of turmoil as of late: Olli Pekka Kallasvuo had to resign as CEO and was replaced by Stephen Elop, Anssi Vanjoki, Nokia’s Executive VP resigning and Jorma Ollila, currently Nokia Chairman, is planning to step down from his position in 2012.